Gambling centers/sites for the rich versus for the poor.

sotelorene

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Quote from: ethereumhunter on December 26, 2024, 05:39:52 AM

Quote from: Cityhunter34 on December 25, 2024, 05:35:55 PM

Quote from: mindrust on December 15, 2024, 09:17:17 AM

Quote from: Cryptomultiplier on December 15, 2024, 08:57:47 AM

*In trying to create a comparison between how the rich gamble versus how the poor gamble, has it ever crossed your minds that perhaps gambling addiction is more present and predominant for the poorer class of people in the society as opposed to the rich gamblers in the society?

This is well known phenomenon actually. It is because many poor people think of getting rich from gambling and that idea keeps them coming back to the casino no matter how much they lose in the long run. They always think they’ll win eventually and make a home run but that day never comes.

The rich on the other hand are already rich and they don’t have such silly dreams. That’s why they have more self control over and don’t take too much risk. They play only to pass the time and have fun. That is more important to them than the game itself.

I think you are right because the poor always have this feeling that they are going to make it through gambling and they don't care if they lose or not, what they always feel is that one day that they are going win a huge amount in gambling and which is coursing them more losses.

Normally the richer always gamble for fun and they don't care if they win or not, while because they have money already they just see gambling as a way of passing time and also have fun that is all.

Besides that, they have a hope that gambling can be their savior in financial so they will not stop from gambling. They will keep playing gambling because they believe some days they will win the money. But they don't know how long they can win the money so that makes them don't want to stop their gambling activities. It makes them gets addicted to gambling because they never think about stopping from playing gambling for a while to calm down their minds instead the will to win the money will be bigger.

The only people that think that gambling is their only savior in finance are mostly poor people I mean those who don't have a means of getting money. And off course no one know how long they will gamble to win a good amount of money because it's not certain and perhaps very unpredictable, I'm a gambler but I don't gamble with the intention that gambling will be my only savior in finance and that is a very wrong mindset and if one is not careful they will get drawn into it and off course the consequences is the obvious. Though I gamble to win money but I don't put my hope there because I have other things that fetch small money at the of the week or month and I know how to control myself that is to say that anytime I feel I'm spending too much on gamble I will stop for the main time, I have come to realize that everyone human being has the atom of addiction in them but it is left for someone to take care of it or let it take charge of them.

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Quote from: Cityhunter34 on December 25, 2024, 05:35:55 PM

Quote from: mindrust on December 15, 2024, 09:17:17 AM

Quote from: Cryptomultiplier on December 15, 2024, 08:57:47 AM

*In trying to create a comparison between how the rich gamble versus how the poor gamble, has it ever crossed your minds that perhaps gambling addiction is more present and predominant for the poorer class of people in the society as opposed to the rich gamblers in the society?

This is well known phenomenon actually. It is because many poor people think of getting rich from gambling and that idea keeps them coming back to the casino no matter how much they lose in the long run. They always think they’ll win eventually and make a home run but that day never comes.

The rich on the other hand are already rich and they don’t have such silly dreams. That’s why they have more self control over and don’t take too much risk. They play only to pass the time and have fun. That is more important to them than the game itself.

I think you are right because the poor always have this feeling that they are going to make it through gambling and they don't care if they lose or not, what they always feel is that one day that they are going win a huge amount in gambling and which is coursing them more losses.

Normally the richer always gamble for fun and they don't care if they win or not, while because they have money already they just see gambling as a way of passing time and also have fun that is all.

Besides that, they have a hope that gambling can be their savior in financial so they will not stop from gambling. They will keep playing gambling because they believe some days they will win the money. But they don't know how long they can win the money so that makes them don't want to stop their gambling activities. It makes them gets addicted to gambling because they never think about stopping from playing gambling for a while to calm down their minds instead the will to win the money will be bigger.

dansus021

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Quote from: Cryptomultiplier on December 15, 2024, 08:57:47 AM

*In trying to create a comparison between how the rich gamble versus how the poor gamble, has it ever crossed your minds that perhaps gambling addiction is more present and predominant for the poorer class of people in the society as opposed to the rich gamblers in the society?

*Also, do you think that if the poorer class of gamblers were to trade places with the richer folks and gamble at the high end centers, they would get luckier than they would while gambling at the affordable places?

*Are there online gambling sites that cater for the different socioeconomic classes of the society, that is, if there is anything like rich people online gambling sites or poor people online gambling sites currently existing?

Your opinion is valid!

Gambling centers/sites for the rich versus for the poor.
I don't think there is a class for the rich gambler or poor in online gambling in my opinion all the sites are pretty much the same right?

* well I believe there is a valid data for this point there is study in 2014 that said "Research consistently shows that individuals from lower-income backgrounds are significantly more likely to experience gambling addiction compared to those with higher incomes, meaning the rate of gambling addiction is considerably higher among the poor than the rich; studies often report that people in poverty are twice as likely to have gambling problems compared to those in higher socioeconomic brackets." - https://www.buffalo.edu/news/releases/2014/01/001.html#:

* Since the name is Luck I think it has nothing to do with the place because if you have luck like you can won in any place

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Quote from: mindrust on December 15, 2024, 09:17:17 AM

Quote from: Cryptomultiplier on December 15, 2024, 08:57:47 AM

*In trying to create a comparison between how the rich gamble versus how the poor gamble, has it ever crossed your minds that perhaps gambling addiction is more present and predominant for the poorer class of people in the society as opposed to the rich gamblers in the society?

This is well known phenomenon actually. It is because many poor people think of getting rich from gambling and that idea keeps them coming back to the casino no matter how much they lose in the long run. They always think they’ll win eventually and make a home run but that day never comes.

The rich on the other hand are already rich and they don’t have such silly dreams. That’s why they have more self control over and don’t take too much risk. They play only to pass the time and have fun. That is more important to them than the game itself.

I think you are right because the poor always have this feeling that they are going to make it through gambling and they don't care if they lose or not, what they always feel is that one day that they are going win a huge amount in gambling and which is coursing them more losses.

Normally the richer always gamble for fun and they don't care if they win or not, while because they have money already they just see gambling as a way of passing time and also have fun that is all.

Oluwa-btc

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Quote from: Cryptomultiplier on December 15, 2024, 08:57:47 AM

*In trying to create a comparison between how the rich gamble versus how the poor gamble, has it ever crossed your minds that perhaps gambling addiction is more present and predominant for the poorer class of people in the society as opposed to the rich gamblers in the society?

Okay there's nothing wrong on how the rich and poor gambles, what really matters is both parties are being able to be responsible enough to gamble with what they can afford to lose, sometimes the poor might be doing that to make ends meet and the rich do so to ease some certain stress they go through but nevertheless everything should be in a balanced form void of regrets.

Oluwa-btc

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Quote from: AbuBhakar on December 15, 2024, 09:10:42 AM

Quote from: Cryptomultiplier on December 15, 2024, 08:57:47 AM

*Are there online gambling sites that cater for the different socioeconomic classes of the society, that is, if there is anything like rich people online gambling sites or poor people online gambling sites currently existing?

I only want to answer this question.

None, Online gambling site is dedicated for everyone as in literally since they don’t have any physical locations and minimum deposit is too low for poor to enjoy all their games compared to IRL casino that sometimes requires a certain amount of show money before you can enter the casino premises.

The best proof that online doesn’t have different socioeconomic classes is their VIP program since they even rewards a user even with small wager a benefits as VIP although it’s small but it’s good already for having in contrary to not having it.

I never expected that there'll be such experiences and comparison in gambling.Everyone I've come in contact with has a kind of love for gambling,and there's no such as poor or rich;because why does it have to be the poor that'll get addicted to gambling the most.The perspectives about the poor/rich is quite unfamiliar and unreal to me.

Onyeeze

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What I will say is that everyone have they own method of understanding gambling because gambling doesn't equate who rich or poor and gambling have not categories itself that you most belong to any class before it can gamble..from my understanding gambling is a privilege, or opportunity, I don't think gambling has to relate with rich and poor because everyone is equal nobody is exempted to participate in gambling, so I believe that what we need to understand is to participate in gambling the way you feel like, so gambling is a cruise both for rich and poor.

Zigabel

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Quote from: Cryptomultiplier on December 15, 2024, 08:57:47 AM

*Are there online gambling sites that cater for the different socioeconomic classes of the society, that is, if there is anything like rich people online gambling sites or poor people online gambling sites currently existing?

Your opinion is valid!

I haven't come across any thing as such and I don't even get to hear about it out there or even seeing it be spoken about by anyone on this thread actually, so I can't say if there's any of such but if there be, I would be wondering and wanting to know how are they going to be able to distinguish between the poor and the rich because I don't think they will be signing up with a proof of their status at any point of the signing up, so it's going to be a difficult one except they will have an account size limit which is definitely going to be huge.

Antotena

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Quote from: Cryptomultiplier on December 15, 2024, 08:57:47 AM

*In trying to create a comparison between how the rich gamble versus how the poor gamble, has it ever crossed your minds that perhaps gambling addiction is more present and predominant for the poorer class of people in the society as opposed to the rich gamblers in the society?

*Also, do you think that if the poorer class of gamblers were to trade places with the richer folks and gamble at the high end centers, they would get luckier than they would while gambling at the affordable places?

*Are there online gambling sites that cater for the different socioeconomic classes of the society, that is, if there is anything like rich people online gambling sites or poor people online gambling sites currently existing?

Your opinion is valid!

How do you define a rich person according to your own context of this post? $100k can be a rich person to another person. If you're asking if there is a casino where people can gamble with only huge amount of money, I'm not sure if that exist online but perhaps they can have it in some physical casino but if you check such casino, there might be other things that is going down there, you can't run a casino and expect a particular threshold into your casino as criteria.

Here is what you should know. If there is any casino like this to exist, law enforcement will be suspicious about it and even if it exist, it would not be let known publicly because that alone kills the rules and existence of casino of they ever want to even have license and register it. No serious casino want to consider such type of casino, they will rather build something that everyone can come both the rich and poor than be selective type of gambling platform.

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Quote from: Cryptomultiplier on December 15, 2024, 08:57:47 AM

There are so many gambling places and online sites these days that cater for the different socioeconomic groups of which includes the poor and the rich in our society.
Now while there is the presence of high end gambling centres for the rich and in the best part of town, there's also the affordable gambling options for poorer gamblers or for those with lower gambling budget.

*In trying to create a comparison between how the rich gamble versus how the poor gamble, has it ever crossed your minds that perhaps gambling addiction is more present and predominant for the poorer class of people in the society as opposed to the rich gamblers in the society?

Obviously there will be poor-class people more presence on gambling and also there will be the larger amount of people who were below in lower class were in gambling addiction while we will find lower percentage because in our society the populations of lower class peoples is multiple time larger from the rich peoples and the others and the casino owners also were that class.

Quote

*Also, do you think that if the poorer class of gamblers were to trade places with the richer folks and gamble at the high end centers, they would get luckier than they would while gambling at the affordable places?

It seems like it definitely exists, but there is no identification that only the rich can play here or only the poor can play here.
And gambling is only done when a person has extra funds that he does not need for any important purpose and he is capable of losing them. Considering this from this perspective, why would a poor person go gambling? He should not gamble if he is in need.

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Poor people get addicted to gambling more than rich people because they try to make it a source of income and they put all their hope in it. The rich people on the other hand gamble for the purpose of having fun or entertaining themselves, although this is not the case of every rich gambler out there. You find a lot of poor people gambling in bet centers more than those that Access gambling sites. The rich gamblers make use of online bet sites and casinos more because it's easy for them to keep funding their bet account. In my opinion I don't think the poor should even be gambling.

hedgeh0g

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Quote from: Smartprofit on December 19, 2024, 12:12:04 PM

Previously, there was a clear division between casinos for rich people and gambling houses for poor people. In casinos for rich people, there was a special dress code - tailcoats for men and evening dresses for women. Poor people could not get into such establishments.

However, all this was in the past - now you will be allowed into any casino even in torn jeans.

In addition, all this applies to offline casinos, and not to online casinos. Online casinos were originally more democratic. On the Internet, it is generally difficult to create an elite project exclusively for the rich. Although such attempts have been made many times.

Perhaps in the future there will be such a division - very rich people play in offline casinos, and not so rich people play in online casinos.

Still, every time dictates its own rules, but I think online casino owners are finally happy that it doesn't matter who visits the site and from what country in the world, except for age restrictions and some prohibited jurisdictions. If casino owners had been told this 100 years ago, they wouldn't have believed it, haha.

In general, the status of rich people will always require that such players gather in one place and of course this will happen offline. For example, games that are shown on streams, where rich celebrities play with rich players and high rollers.

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Previously, there was a clear division between casinos for rich people and gambling houses for poor people. In casinos for rich people, there was a special dress code - tailcoats for men and evening dresses for women. Poor people could not get into such establishments.

However, all this was in the past - now you will be allowed into any casino even in torn jeans.

In addition, all this applies to offline casinos, and not to online casinos. Online casinos were originally more democratic. On the Internet, it is generally difficult to create an elite project exclusively for the rich. Although such attempts have been made many times.

Perhaps in the future there will be such a division - very rich people play in offline casinos, and not so rich people play in online casinos.

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Quote from: vs2014 on December 19, 2024, 05:50:16 AM

To determine which VIP level is best for you, it's important to consider your own personal gambling style and the types of games you enjoy playing. By playing frequently and taking advantage of available bonuses, VIP members can upgrade their membership level. As a reward for your loyalty to the VIP exclusive rewards and casino you will have the option to claim more frequent exclusives and higher bonuses to enhance your fun and gaming excitement with us. Also as a VIP member you can get an insight information on upcoming season promotions and exclusive odds for sports matches. You will always be assisted by your own personal manager who can answer any questions you may have.

Getting frequent bonuses has been one of the way gamblers keeps staying updated while gambling. Sometimes we want to try our lucks as gamblers but insufficient funds can make us to stay away from gambling for too long. Casino owners are aware about this and that's why they will keep giving us bonuses so we can be playing frequently, getting accustomed to their casinos. Creating a VIP rank is another way for casinos to give out bonuses while making us addicted to gambling and spending more attention the same time to reach the VIP level.

Yucky

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Quote from: danherbias07 on December 15, 2024, 11:00:09 AM

Yes, it's most present on the poor side. Actually, I feel like it is their target customer. Why? They are the ones who are hoping for great profits and so they gamble their money. While the rich don't really need that. They can gamble but mostly for fun only.
But, I don't think there is a division between a poor gambler and a rich one when it comes to gambling. They offer the same service but the rich will just gain the upper hand because those who deposit more will have more bonuses too and that comes with VIP passes and other stuffs that requires wagering and deposit requirement for a gambler to achieve.

True!
The main difference I see between rich and poor gamblers is the VIP treatment and exclusivity that comes with paying more. In casinos, there might be VIP sessions where wealthy individuals can play poker games or other games with their rich friends. In contrast, poorer individuals might be in the common section. The rich might enjoy fine drinks, while the poor might just be playing on a budget.

While everyone is playing the same game, the rich might have an upper hand in winning due to their ability to spend more. They might gain exclusive access to bonuses and perks that poorer individuals can't afford. This can lead to a cycle where poorer individuals feel pressure to borrow money to play big, hoping to hit it big. However, this rarely works out, as the chances of winning are slim.

So, the exclusivity that comes with wagering big is the main difference between rich and poor gamblers. But let's remember that gambling is gambling, regardless of one's financial status.

Litzki1990

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Money is a big factor in gambling so here comes the difference between rich and poor. Now maybe many will explain this matter that money is not the main thing but the main thing is whether the gambler is gambling with the right strategy. I would initially agree with this statement but when a poor gambler gambles and loses despite having the right strategy then he doesn't get enough money to gamble. But if the same thing happens to a rich person, after losing a few gambling games, he will still have enough money to gamble and continue his gambling with that money. Basically, this is where the big difference between the gambling of rich gamblers and poor gamblers is created. But it doesn't take long for people to run out of money so gambling with the right strategy is very important.

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Quote from: D ltr on December 15, 2024, 10:05:10 AM

Quote from: Cryptomultiplier on December 15, 2024, 08:57:47 AM

*Are there online gambling sites that cater for the different socioeconomic classes of the society, that is, if there is anything like rich people online gambling sites or poor people online gambling sites currently existing?

I don't think there are any, all gambling sites are the same, they don't differentiate between the rich and the poor, because no one knows the people who play gambling, betting big doesn't mean that the person is rich
I just don't know if in the future there will be a site like you mean

Especially in online gambling, there is no difference between the rich and the poor. In online gambling, both rich and poor can participate with any amount of money. A rich person may participate in gambling with a large amount of money because he has a lot of money, while a poor gambler will participate with a small amount of money. If two people participate for entertainment, then they will definitely be able to enjoy entertainment, in this case there will be no difference. Now if I say from my side, I am poor, I can participate in online gambling where a rich person is participating.

Woodie

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Poor Rich gambling Roll Eyes

where is this coming from Huh

When it comes to gambling say for example the various VIP ranks that are available to online gambling, it doesn't mention anything about Rich or Poor it's all about appreciating the high hitters who contribute the most to the growth of the casino!

And in terms of gambling habits between the two , let's just say if you have the money your risk appetite is lowered unlike were you have a dollar chasing down 1000 odds in trying to win $1K and you winning chances are below 10% unlike using big money for one game of which when you win you are done for the day or week #Smartgambling.

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Quote from: Ultegra134 on December 19, 2024, 08:55:07 AM

This is the first time I've ever heard about this. Perhaps a physical casino could establish a dress code, but I highly doubt they'd turn anyone away.

Dress codes in casinos actually differ for how formal the casino is. It’s said that a casino could establish their own rules so you’d expect a casino associated with high-end luxurious hotels or establishments would expect their customers to dress appropriately. Meanwhile casinos that are not that expensive and high-end wouldn’t be as strict.

Quote

The low and middle classes are the best customers of the casinos; turning them away would automatically delete the largest of their customer bases. There's certainly a reason why these two classes often spend the most money, even though it's not affordable for them to do so, because they're trying to find a shortcut out of their current lifestyle.

A casino with big customer base especially ones that are extremely rich and powerful would not second guess turning away someone who looks like they can’t afford even a drink in the casino. They are trying to maintain a brand. An image. And low and middle class people won’t fit into that image.

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Quote from: Wexnident on December 19, 2024, 05:22:40 AM

Theres... catering in casinos? I know about high end ones but other than that, the rest of the casinos is pretty much catered to ANYONE. Pretty sure these casinos don't advertise to any specific socioeconomic group. I've never even heard of "affordable" gambling lol.

It's ALWAYS going to be that there's more addicts in the poor than in the rich. Just the population between the two (not addicts) is pretty vast already, and that already shows the difference. Plus, addicted rich gamblers aren't really addicts. Not until they still have money. As for the luck thing, where'd the idea come from even?

And as I've said prior, only very high end stuff catered to the rich. The rest? It's pretty much for anyone and everyone imo. it's kind of like "premium" and "general" stuff, no lowend stuff really.

This is the first time I've ever heard about this. Perhaps a physical casino could establish a dress code, but I highly doubt they'd turn anyone away. Don't get me started on online casinos; there's no such thing, and there never will be one. The low and middle classes are the best customers of the casinos; turning them away would automatically delete the largest of their customer bases. There's certainly a reason why these two classes often spend the most money, even though it's not affordable for them to do so, because they're trying to find a shortcut out of their current lifestyle.

Topic: Gambling centers/sites for the rich versus for the poor. (Read 837 times)